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TECHS:(M9) Trading Either Side Of 130 *RES....>

BTPS
BTPS: TECHS:(M9) Trading Either Side Of 130 
*RES 4: 132.88 High May 28 (continuation chart) 
*RES 3: 132.24 61.8% retracement of 141.19 - 117.77 (continuation chart) 
*RES 2: 131.12 High April 12 
*RES 1: 130.32 High April 18 
*PRICE: 129.98 @ Close Apr 18 
*SUP 1: 129.57 Low Apr 17 
*SUP 2: 128.50 Low Apr 4 
*SUP 3: 128.29 Low Mar 13 
*SUP 4: 127.79/96 Low Mar 7/55-dma 
BTP futures continue to trade either side of the 130 as bears look for a
decisive break below here to suggest downside reversal while bulls look to
extend the broader rally. The initial upside target comes in at Thursday's high
at 130.32 with a break above here opening the April 12 high at 131.12. On the
downside a break below Wednesday's low at 129.57 would likely accelerate
downside momentum towards the April 4 low at 128.50. 

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